Metals & Mining Theme, Ferrous

December 01, 2023

Platts corrects Nov 30 IODEX Rationale

Platts, part of S&P Global Commodity Insights, corrected the premium of the Pilbara Blend Fines trade in its IODEX Rationale published on Nov. 30.

The line should read: At 4:34 pm Singapore time, Rio Tinto sold a 170,000 mt cargo of Pilbara Blend Fines at a premium of $2.35/dmt over the January average of IODEX CFR China basis 62% Fe, on COREX, with a loadport laycan of Jan. 2-11.